Kungsleden sells and changes forecast (SE)

Swedish listed property corporation Kungsleden AB (publ) sells the property Angered 94:2 in Gothenburg for a total of SEK 365 million resulting in a capital gain of SEK 125 million. The purchaser is Ejendomsvaekst.

The property has a lettable area of about 40 000 mÂ², with about 50% offices and 50% retail/restaurants. Rental value of the property amounts to SEK 43 million.

The above mentioned sale is reported in the figures for the second quarter 2005.

The company also changes its forecast for the year 2005 regarding profit for calculating dividends from SEK 600 million to SEK 725 million.